Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
Hi,I was wondering if any investor or CPA can chime in on their thoughts about switching away from Quickbooks to another accounting software?I have been using Quickbooks online for years and love that it's the industr...
Elaine Griffin
Help - Our Inherited Note is going to Sheriff Sale - what happens?
A few years ago we inherited some rentals & a few notes. One of the notes was in the foreclosure process. It is now scheduled to go to sheriff sale in a couple of weeks. The balance owed is around $100,000. We wan...
Mark Neiger
pre approval commercial lending
So I've been looking at properties and I'm ready to start shopping for lenders. Any advice on who or where to look. Should I just Google commercial lenders, call the big guys (BOA, Wells Fargo, etc.) or go to my local...
Stacey Marsh
NPN Investing as a JV
Hello Note Investors,I am considering investing with an someone who specializes in NPNs. I'd like to get your thoughts on the proposed terms. I would bring the capital and we'd split equity 40%/60% - my return at 40...
Rong Liu
Low Credit Score applicants
Hi, BPers,I need your kind help.I am in the progress of screening tenants with mysmartmove.com. Currently one family applied as husband/wife/2-kids and uncle. The three adults makes 12.6k annually or 3.5 times of the ...
Susan Maneck
Limit on mortgages
I have a question regarding the Fannie Mae restrictions on the number of mortgages. Two of my houses are financed by first place HELOCs. Would those count towards the four they want to allow?
Bryce Matson
Question on whether we should Cash-Out ReFi, sell or leave as is
Hi All,We own a house in LA and are moving away. We want to convert our garage into an ADU and then rent out the main house and ADU. The main house would be 3 bdr/2 bath and ADU a 1 bed/1 bath. We think the max rent w...
Harry Gamble
Making a loan with second mortgage on borrowers home
I am considering making a private loan to help someone with a flip. I am not taking a security interest in the home to be flipped for several reasons. The flipper has offered a second mortgage on his home. Based on...
Rob Linthicum
Partnerships
I have four or five friends that are all interested in investing in a duplex, quad, small apartment, etc. but none, individually, have the 20% or so down payment required for such an investment. Collectively, we c...
Ellen OBrien
SDIRA, LLC checking acct
I’ve opened an SDIRA with min required amount ($50) as required by bank. The cash to do so was not my personal funds, nor did I make the deposit. I am having funds from my IRA wired, and the account needed to be opene...